Bridge

Acrow’s Modular Steel Bridge Minimizes Traffic Disruptions During Major Highway Construction in Northern New Jersey

Retrieved on: 
Thursday, April 4, 2024
Passaic River, City, Dots, Economic development, Life, Garden, Safety, Garden State Parkway, U.S. Route 46, IEW, Jack post, Bridge

The Acrow 700XS® bridge was selected for the project by contractor IEW Construction Group and will maintain southbound traffic for the duration of the construction.

Key Points: 
  • The Acrow 700XS® bridge was selected for the project by contractor IEW Construction Group and will maintain southbound traffic for the duration of the construction.
  • Southbound traffic was switched to the temporary bridge in late October 2023 and IEW is working on replacing the existing southbound bridge.
  • Once the southbound bridge is finished, IEW will put northbound traffic onto the new southbound bridge while maintaining southbound traffic on the temporary bridge.
  • “Acrow’s modular steel detour bridges are an ideal way to keep traffic moving during priority projects, saving time and money.”

Park Aerospace Corp. Celebrates 70 Years In Business

Retrieved on: 
Monday, April 1, 2024
Depression, Tax, AFP, Unmanned aerial vehicle, Risk, Bridge, Mediocre, Park Aerospace Corp, WWI, PPP, Judgement

NEWTON, Kan., April 01, 2024 (GLOBE NEWSWIRE) -- Park Aerospace Corp. (NYSE-PKE) celebrates 70 years in business.

Key Points: 
  • NEWTON, Kan., April 01, 2024 (GLOBE NEWSWIRE) -- Park Aerospace Corp. (NYSE-PKE) celebrates 70 years in business.
  • Park was founded 70 years ago on March 31, 1954 by Jerry Shore, Brian Shore’s father, and Tony Chiesa, our very dear and special life-long friend.
  • Thank you, Jerry and Tony.”
    Park Aerospace Corp. develops and manufactures solution and hot-melt advanced composite materials used to produce composite structures for the global aerospace markets.
  • As a complement to Park’s advanced composite materials offering, Park designs and fabricates composite parts, structures and assemblies and low volume tooling for the aerospace industry.

Greystone Closes $425 Million Healthcare CLO

Retrieved on: 
Monday, March 18, 2024
CLO, Goldman Sachs, CRE, Corporate finance, Capital market, Bridge, Nursing, UBS, Freddie Mac, HUD, Fannie Mae, J.P. Morgan & Co., Property management

NEW YORK, March 18, 2024 (GLOBE NEWSWIRE) -- Greystone , a leading national commercial real estate finance company, today announced the closing on March 15, 2024 of Greystone CRE Notes 2024-HC3, a $425 million Commercial Real Estate Collateralized Loan Obligation (CRE CLO) backed exclusively by bridge loans provided by Greystone Monticello on healthcare-related properties.

Key Points: 
  • NEW YORK, March 18, 2024 (GLOBE NEWSWIRE) -- Greystone , a leading national commercial real estate finance company, today announced the closing on March 15, 2024 of Greystone CRE Notes 2024-HC3, a $425 million Commercial Real Estate Collateralized Loan Obligation (CRE CLO) backed exclusively by bridge loans provided by Greystone Monticello on healthcare-related properties.
  • Greystone CRE Notes 2024-HC3 marks Greystone’s sixth overall CRE CLO and the industry’s third-ever CRE CLO comprised solely of healthcare assets, particularly skilled nursing, assisted living, memory care, and independent living facilities, the first two being closed by Greystone in 2018 and 2021.
  • This latest collateral pool for Greystone CRE Notes 2024-HC3 comprises 13 whole loans and 9 participations totaling $397 million that Greystone originated, secured by mortgages on 51 properties in 19 states.
  • Greystone will invest the remaining $28 million of CRE CLO proceeds over the next 180 days into comparable mortgage loan assets.

Greystone Provides $19 Million in Bridge Financing for Expansion of Los Angeles Area Property

Retrieved on: 
Tuesday, March 12, 2024
Bridge

NEW YORK, March 12, 2024 (GLOBE NEWSWIRE) -- Greystone , a leading national commercial real estate finance company, has provided $19,050,000 in Bridge-to-Agency financing for a 118-unit multifamily property in Bellflower, California.

Key Points: 
  • NEW YORK, March 12, 2024 (GLOBE NEWSWIRE) -- Greystone , a leading national commercial real estate finance company, has provided $19,050,000 in Bridge-to-Agency financing for a 118-unit multifamily property in Bellflower, California.
  • Intended to facilitate the refinancing and construction of additional units, the bridge loan was originated by Dale Holzer, Managing Director at Greystone.
  • Tower Apartments, located 14 miles southeast of downtown Los Angeles and spread across 1.56 acres, was acquired by the borrower in 2022 and completely renovated with over $3.5 million in capex.
  • The property contains a three-story building with studio, one-, two-, and three-bedroom units and community amenities including a pool and laundry facilities.

South Korea’s Joowon Industrial Selects Aeva 4D LiDAR for Automated Power Line Inspection Program

Retrieved on: 
Tuesday, March 12, 2024
Software, Vehicle Technology, Mobile, Wireless, Hardware, Utilities, Energy, Technology, Automotive, Semiconductor, Photography, Audio, Video, Other Technology, GPS, Quality of life, Safety, Lidar, Multimedia, Bridge

Aeva ® (NYSE: AEVA), a leader in next-generation sensing and perception systems, and Joowon Industrial, a South Korean global distributor and supplier of world-class testing equipment, today announced that Joowon has selected Aeva’s Aeries II 4D LiDAR for its automated power line inspection and analysis system.

Key Points: 
  • Aeva ® (NYSE: AEVA), a leader in next-generation sensing and perception systems, and Joowon Industrial, a South Korean global distributor and supplier of world-class testing equipment, today announced that Joowon has selected Aeva’s Aeries II 4D LiDAR for its automated power line inspection and analysis system.
  • View the full release here: https://www.businesswire.com/news/home/20240312664246/en/
    A vehicle equipped with Joowon TADS and Aeva 4D LiDAR for power line inspection (Graphic: Business Wire)
    Power line inspection and analysis is a crucial yet predominantly manual process for most utilities.
  • TADS empowers electric contracting companies to achieve approximately 80% savings on overhead power line inspection and management.
  • Recently, Joowon's TADS system adopted Aeva’s 4D LiDAR technology to construct a multi-dimensional model of power lines and the surrounding vegetation swiftly and accurately.

Gauntlet Funding Ventures into Florida and Beyond, Offering Unparalleled Hard Money Lending Solutions for Real Estate Deals

Retrieved on: 
Wednesday, March 27, 2024
Life, DSCR, Bridge, Sale, Acquisition, Real estate

With a proven track record of facilitating real estate transactions with agility and expertise, Gauntlet Funding aims to bring its innovative lending solutions to investors and developers in new markets.

Key Points: 
  • With a proven track record of facilitating real estate transactions with agility and expertise, Gauntlet Funding aims to bring its innovative lending solutions to investors and developers in new markets.
  • With its entrance into Florida , Gauntlet Funding is poised to revolutionize the lending landscape by offering customized solutions tailored to the unique needs of investors in the region.
  • "Expanding into Florida and beyond represents an exciting milestone for Gauntlet Funding," said Lou Forino, Managing Director at Gauntlet Funding.
  • With its entrance into Florida and plans for further expansion, Gauntlet Funding reaffirms its commitment to empowering investors and developers with the financial resources necessary to thrive in dynamic real estate markets.

China Passenger Car Electronic Control Suspension Industry Research Report 2024: Assembly Volume of Air Suspension Increased 113% y-o-y in 2023,The Magic Carpet Suspension of Independent Brands

Retrieved on: 
Friday, March 15, 2024
Research, BODY, Air suspension, NIO, BYD, Camping, Mercedes-Benz, Chang'an, ADAS, ASU, Statistics, BMW, CDC, Atmosphere, MAGIC, Magic, Bridge

DUBLIN, March 15, 2024 /PRNewswire/ -- The "China Passenger Car Electronic Control Suspension Industry Research Report, 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 15, 2024 /PRNewswire/ -- The "China Passenger Car Electronic Control Suspension Industry Research Report, 2024" report has been added to ResearchAndMarkets.com's offering.
  • Research on Electronic Control Suspension: The assembly volume of Air Suspension increased by 113% year-on-year in 2023, and the magic carpet suspension of independent brands achieved a breakthrough
    The publisher published 'China Passenger Car Electronic Control Suspension Industry Research Report, 2024', which combs Electronic Control Suspension industry chain and its applications, reflects the current market development situation and forecast future development trend.
  • Electronic Control Suspension can be divided into full active suspension and semi-active suspension according to whether it contains power source.
  • Driven by emerging auto brands, the assembly volume of Air Suspension in 2023 exceeded 600,000 units, a surge of 113.1%.

UPPER DECK DROPS NEW GOLF TRADING CARDS, HIGHLIGHTS SUPERSTARS AND LEGENDS OF THE SPORT

Retrieved on: 
Thursday, March 14, 2024
Diamond, SP, The Ultimate Collection, Sport, Golf, Artifact, Deck, SPX, Athlete, Young Guns, Upper Deck Company, Bridge

CARLSBAD, Calif., March 14, 2024 /PRNewswire/ --Upper Deck, the worldwide leader in sports and entertainment collectibles, released Upper Deck Golf, its newest trading card series celebrating golf's greatest athletes. Upper Deck Golf features a wide range of golf's most familiar names, from current and rising superstars like Viktor Hovland, Max Homa, Brooke Henderson and Collin Morikawa, to iconic legends like Tiger Woods. This release is the first of four, along with SP Game-Used Golf, Upper Deck Portfolio Golf, and Fleer Ultra Golf.

Key Points: 
  • Upper Deck launches its flagship golf collection, Upper Deck Golf, for the first time since 2004 featuring Viktor Hovland, Brooke Henderson and Collin Morikawa
    CARLSBAD, Calif., March 14, 2024 /PRNewswire/ --Upper Deck, the worldwide leader in sports and entertainment collectibles, released Upper Deck Golf, its newest trading card series celebrating golf's greatest athletes.
  • Upper Deck Golf features a wide range of golf's most familiar names, from current and rising superstars like Viktor Hovland, Max Homa, Brooke Henderson and Collin Morikawa, to iconic legends like Tiger Woods.
  • This release is the first of four, along with SP Game-Used Golf, Upper Deck Portfolio Golf, and Fleer Ultra Golf.
  • Upper Deck Golf is now available for purchase at Upper Deck Certified Diamond Dealer hobby shops.

Biote Announces Agreement to Resolve Litigation and Repurchase All of Founder’s Shares

Retrieved on: 
Tuesday, February 20, 2024
Biotechnology, General Health, Health, Share repurchase, Bridge

In connection with this agreement, Biote will repurchase all of the Class A common units of Biote Holdings, LLC (“Holdings Units”), shares of Class V common stock of the Company (“Class V Shares” and together with the Holdings Units, “Paired Interests”) and shares of Class A common stock of the Company (“Class A Shares”) currently beneficially owned by Donovitz.

Key Points: 
  • In connection with this agreement, Biote will repurchase all of the Class A common units of Biote Holdings, LLC (“Holdings Units”), shares of Class V common stock of the Company (“Class V Shares” and together with the Holdings Units, “Paired Interests”) and shares of Class A common stock of the Company (“Class A Shares”) currently beneficially owned by Donovitz.
  • Terry Weber, Biote Chief Executive Officer, commented, “We are pleased to reach this agreement that not only resolves protracted and costly litigation, but also enables us to repurchase a substantial portion of our outstanding shares.
  • Supported by our strong capital position and cash generation, we are well positioned to execute this share repurchase that we believe will be accretive to shareholder value.
  • Biote maintains its existing $20 million share repurchase authorization, which is distinct from the share repurchase agreement with Donovitz.

GiraffeG4 Sentinel Systems Expands Its Coverage Territory

Retrieved on: 
Wednesday, March 6, 2024
Sentinel, Multimedia, Database, Commercial vehicle, Bridge

The GiraffeG4 Sentinel System App is the only heavy-duty truck and RV safety product that will alert distracted, tired.

Key Points: 
  • The GiraffeG4 Sentinel System App is the only heavy-duty truck and RV safety product that will alert distracted, tired.
  • GiraffeG4 Sentinel Systems is currently discussing options with several Fleet Telematics Systems.
  • Frank Nugent, CEO of GiraffeG4 said, "Drivers are going to like the help the Sentinel System gives, it looks out for them."
  • The GiraffeG4 Sentinel System has over 1000 "low clearance" hazards and Parkway entrances in the lower 48 States covered in its database.